Daily Archives: February 16, 2012

S Is For Chapter 13 Step Plan

S is for Step Plan

image by: dreamstime

image by:  dreamstime

Chapter 13 bankruptcy is difficult enough to understand.  The Chapter 13 plan is the point of a Chapter 13 bankruptcy case.

Chapter 13 is a payment plan bankruptcy case, as opposed to Chapter 7 or “straight” or “liquidation” bankruptcy.

Clients always ask:  How does the court figure out how much I will pay?

The answer is:  it ain’t the court, you do!

You file your Chapter 13 plan, and you really need an experienced attorney to do this.

Any financial analysis starts with:  the budget.Continue Reading

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